Published 14:28 IST, September 11th 2020
Income Tax dept moves Madras High Court against AR Rahman for alleged tax evasion
Oscar-winning music composer AR Rahman has been charged with allegations of tax evasion for the year 2011-2012 by the Income Tax department in Chennai.
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In alleged tax evasion charges filed by Income Tax department in Chennai High Court, Oscar-winning music composer A R Rahman has been sent a tice alleging that he routed his income of an amount of more than Rs. 3 crore through his charitable trust, A R Rahman Foundation. As per sources, singer-composer received Rs 3.47 crore from UK-Based mobile company Libra in 2010-2011, for composing ir ringtone. It has been alleged that as per contract, Rahman had instructed company to pay his remuneration directly into foundation mand by him.
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As per reports, Justice TS Sivagnanam and Justice V Bhavani Subbaroyan ordered tice on behest of Income Tax department after y found irregularities in Rahman's tax returns for assessment year 2011-2012. Senior counsel T R Senthil Kumar, who represented IT department, revealed that income received by Rahman from his international project was transferred to his charitable trust without deduction of due taxes. A response to charges made by IT department is expected to be filed by A R Rahman soon.
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14:28 IST, September 11th 2020